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| I believe much of this pop in grains - esp beans - is not fundamental. Yields are what they are. Prices are being pushed by money flow and fund activity, all related to the dollar. Watch the dollar and forget everything else. Next thing is will there be "end of quarter" fund redemptions, forcing them to liquidate? If they do, will that pressure prices enough to trigger liquidations from the trend-following funds? Remember, money flow goes both ways. | |
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Overnight corn...
